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To: ajs who wrote (13034)4/3/2000 11:08:00 PM
From: ajs  Respond to of 19297
 
NCPP...is coming back to life. Looks like more PRs may come out next week:

quote.bloomberg.com

NEW CINEMA PARTNER'S PURSUES NEW BUSINESS

March 30, 2000 - New Cinema Partner's Inc., a Nevada Corporation (OTCBB:NCPP) the "Company" announced today that subsequent to a review ordered by Management the Company has reached several conclusions with regard to the acquisition of New Cinema Partner's Inc., an Ontario Corporation. Management will report and announce these findings formally once all proper releases have been obtained from all related parties.

Among other remedies, according to Frank P. Guido president, "The Management of the Company has concluded that it will be in the best interest of the shareholders to pursue additional and new areas of business to enhance shareholder value." The Management has identified a business sector in emerging markets of the global internet economy as a target segment for acquisition of a new business. The Company is in discussions with several compelling targets which will fit within Management's criteria to meet the goal of reviving the Company.

This press release contains forward-looking statements within the meaning or The Private Securities Litigation Reform Act of 1995 ("the Act). In particular, when used in the proceeding discussion, "plan", "confident that", "believe", "expect", or "intend to", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any forward-looking statement.

Contact:
Frank P. Guido
416-208-5503